Reed Smith successfully represents KCH Shipping in Supreme Court ruling on one-year time bar for all misdelivery claims

The Supreme Court handed down judgment in the ‘Giant Ace’, FIMbank PLC v KCH Shipping [2024] UKSC 38, ruling that the one-year time bar applies to all misdelivery claims where the Hague or Hague Visby Rules apply, even where cargo goes missing after discharge. In this case, the bank, as the holder of the bills …

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